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The move is a key step in internationalising BidX1’s auction platform.
BidX1 has sold more than €128m worth of commercial and residential property so far this year.
The investment will accelerate BidX1’s strategic goals, powering transformational growth.
BidX1 was presented with the Investment Award in London this week.
897 bidders placed more than 4,300 bids at the most recent BidX1 auctions, with a lot closing every two minutes.
Over 380 properties are going under the virtual hammer across three days.
The red-brick industrial chimney in Dublin 6 will go to auction on 1st June.
BidX1 has published the catalogue for its second Irish auction of the year, which features over 250 properties.
BidX1 has been nominated in the Investment category, which features companies using technology to improve the investment process.
With bidders able to take part from anywhere in the world, on any device, it was business as usual despite the weather.